Tencent Music Entertainment Group has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an ...

China's Tencent Music Entertainment Group said on Tuesday it would buy domestic long-form audio platform Ximalaya for about ...

Before filing for an IPO in the US, Ximalaya raised close to RMB 10 billion (USD 1.4 billion) over 12 funding rounds. Its cap ...

Ximalaya, a platform for podcasts, audiobooks and music, could enhance Tencent Music’s competitiveness in the audio content ...

TME, which trades on both the New York Stock Exchange under ticker TME and the Hong Kong Exchange, operates China’s most ...

TMTPOST— Tencent Music Entertainment Group (NYSE: TME; HKEX: 1698) announced late Tuesday that it has signed a definitive ...

Tencent Music Entertainment Group (NYSE:TME) shares rose 5.4% on Tuesday following news that the company will acquire Chinese podcast platform Ximalaya in a $2.4 billion cash-and-stock transaction.

Tencent Music Entertainment (TME) shares are trading lower after announcing its acquisition of Chinese audio platform Ximalaya for $1.26 billion in cash and stock.

Tencent Music has announced plans to acquire Ximalaya, China's largest online audio and podcast platform, which holds a 25% market share. The transaction, to be funded through cash and equity ...

Tencent Music wants to become “China’s answer to Spotify” according to Bloomberg. Which may be surprising to many people.